Nio, Xpeng pin hopes on cheaper EV models as… The two electric-car makers are pinning their hopes on new, less expensive models as consumers tighten their belts…
BYD, Li Auto set sales records as price war in… Two of China’s top electric vehicle makers set new monthly sales records in May, spurred by a recovery in consumer…
Hong Kong stocks at 6-month low as Lenovo, Xpeng… Hong Kong stocks dropped for a third day as Lenovo and Xpeng reported disappointing earnings amid China’s weak…
China’s Li Auto moves closer to Tesla, shifting… The Chinese carmaker has set a new record, becoming the first home-grown premium electric vehicle (EV) brand to…
BYD profit falls 43.5 per cent amid car-market… The carmaker reported that net profit fell to 4.13 billion yuan (US$596.28 million) in the first quarter, down from…
It’s curtains for China’s underachieving EV… At least six promising start-ups – WM Motor, Evergrande New Energy Auto, Qiantu Motor, Aiways, Enovate Motors and…
What does the Shanghai Auto Show have in store… Carmakers plan to unveil a total of more than 100 new models, 70 of which will be electric, according to the…
Xpeng doubles down on manufacturing costs amid… Chinese electric vehicle maker Xpeng Inc. hopes that dramatic cuts to manufacturing costs will propel the…
China’s EV war: BYD, Nio, Xpeng snap at Tesla’s… Tens of thousands of Chinese car buyers have been flocking to BYD, Nio, Xpeng, Li Auto and a number of…
Shanghai EV supplier Leekr to double production… Leekr Technology, a Shanghai-based supplier of chassis control systems to EV makers, plans to double production…